FAIR TRADE | CFT Terminal

18.1500Chrome 42%: $317.00ST-FOT: R3 860,19

REF · SMM Metrix 2026-03-30

SMM METRIX · Chrome Ore 40-42% CIF China latest market reference: $317/mt · Last updated Mon 30 Mar 2026SMM METRIX · Chrome Ore 38% ROM SA latest market reference: $280/mt · Grade spread holding at $37/mtFASTMARKETS · Tianjin Port chrome ore stocks decline 3.2% w-o-w — supporting spot premiumsSMM · South African chrome ore exports up 6.1% MoM in Feb 2026 — logistics recovery on trackMINING WEEKLY · USD/ZAR stabilises above 18.00 amid SA fiscal consolidation; positive for rand-denominated FOT marginsBLOOMBERG · Glencore increases chrome ore Q2 allocation amid tightening Chinese stainless feedstock stocksREUTERS · Outotec reports 8% rise in ferrochrome operating rates in China — bullish for ore demand Q2 2026SMM METRIX · Weekly chrome ore reference price valid Mon–Fri; next update scheduled Mon 06 Apr 2026 03:00 SASTSMM METRIX · Chrome Ore 40-42% CIF China latest market reference: $317/mt · Last updated Mon 30 Mar 2026SMM METRIX · Chrome Ore 38% ROM SA latest market reference: $280/mt · Grade spread holding at $37/mtFASTMARKETS · Tianjin Port chrome ore stocks decline 3.2% w-o-w — supporting spot premiumsSMM · South African chrome ore exports up 6.1% MoM in Feb 2026 — logistics recovery on trackMINING WEEKLY · USD/ZAR stabilises above 18.00 amid SA fiscal consolidation; positive for rand-denominated FOT marginsBLOOMBERG · Glencore increases chrome ore Q2 allocation amid tightening Chinese stainless feedstock stocksREUTERS · Outotec reports 8% rise in ferrochrome operating rates in China — bullish for ore demand Q2 2026SMM METRIX · Weekly chrome ore reference price valid Mon–Fri; next update scheduled Mon 06 Apr 2026 03:00 SAST

Agent

DASHBOARD PRICES DEALS CONTRACTS CALCULATOR

18.1500

USD/ZAR

$317.00

Chrome 42%

R3 860,19

ST-FOT

REF · SMM Metrix · 2026-03-30

DARK MODE

SMM METRIX · Chrome Ore 40-42% CIF China latest market reference: $317/mt · Last updated Mon 30 Mar 2026

CHROME ORE 40-42% · CIF CHINA · 12-MONTH REFERENCE

$317.00

MARKET REF · USD/t · SMM Metrix

APRJUNAUGOCTDECMAR '26

12-Month History · SMM Metrix

LIVE MARKET ANCHORS

Frankfurter · SMM · CFT Engine

INSTRUMENTVALUESOURCE

USD/ZAR

R18.1500Frankfurter

CR38% CIF China

$280.00/tSMM Metrix

CR42% CIF China

$317.00/tSMM Metrix

ST-FOT Netback

R3860.19/tCFT Engine

CHINA → FOT · ALL GRADES

Live · Frankfurter FX · SMM CIF

GRADECIF USDFOT/t (ZAR)NET 1,000t

CR36%

$287.00R3564R3 559 350

CR37%

$292.00R3655R3 650 100

CR38%

$295.00R3710R3 704 550

CR39%

$301.00R3818R3 813 450

CR40%

$307.00R3927R3 922 350

CR41%

$312.00R4018R4 013 100

CR42%

$317.00R4109R4 103 850

$317.00

CIF CHINA · USD/t

R3189

CR38% FOT

Primary bracket

R3679

CR40% FOT

Target bracket

R3860

CR42% FOT

Premium grade

R3860.19/t

ST-FOT NET

After R5 fee

MARKET NEWS

FASTMARKETS+1.2%

SA chrome ore 38-42% demand holds firm amid Chinese stainless restocking

SMM+0.4%

Tianjin Port chrome ore inventories steady; FOB offers tighten from Maputo

PLATTS-0.3%

ZAR weakens slightly vs USD on rand-risk sentiment; chrome FOT rates adjust